{"id":75346,"date":"2018-03-13T14:20:35","date_gmt":"2018-03-13T14:20:35","guid":{"rendered":"https:\/\/tin.happy-projects.ro\/wood-products-exports-eu-reach-record-levels-2017\/"},"modified":"2025-09-19T08:47:42","modified_gmt":"2025-09-19T08:47:42","slug":"wood-products-exports-eu-reach-record-levels-2017","status":"publish","type":"post","link":"https:\/\/www.timberindustrynews.com\/ro\/wood-products-exports-eu-reach-record-levels-2017\/","title":{"rendered":"Wood products exports from the EU reach record levels in 2017"},"content":{"rendered":"

In 2017, the EU exported wood products with a total value of Euro 21.8 billion, 5% more than in 2016 and overtaking the previous record level of Euro 20.51 billion in 2015.<\/em><\/p>\n

The EU increased exports of a wide range of wood products last year, but there was particularly strong growth in sawnwood, logs, energy wood, and panels. The increased exports were mainly destined for North America, China and other Asian countries.<\/p>\n

Last year, the rate of EU export growth exceeded the rate of import growth, resulting in an increase in the EU\u2019s timber product trade surplus with the rest of the world, from Euro 2.97 billion in 2016 to Euro 3.62 billion in 2017.<\/p>\n

Recovery in EU wood products imports on the way<\/strong><\/p>\n

The total value of EU imports of wood products was Euro 18.17 billion in 2017, 2.4% more than in 2016. This followed an increase of 1.3% to Euro 17.74 billion in 2016. In 2017 EU import value was at the highest level since 2008 just before the global financial crises.<\/p>\n

Imports into the EU were boosted in 2017 by stronger economic growth. According to Eurostat, the EU economy grew at its fastest rate in 10 years in 2017, registering a 2.5% increase on the year before. That is the highest annual growth since 2007, when the economy expanded by 2.7%.<\/p>\n

The bloc of 28 countries put in a strong performance in the final quarter of the year, growing 0.6%, mainly driven by good economic results from Germany, Spain and France. Good economic growth fed through into a rise in the value of the Euro last year, which strengthened against the U.S. dollar by around 15% during 2017.<\/p>\n

For importers in the eurozone, this helped offset the general rise in global prices for timber products resulting from strong demand in other regions including China, North America and the Middle East.<\/p>","protected":false},"excerpt":{"rendered":"

In 2017, the EU exported wood products with a total value of Euro 21.8 billion, 5% more than in 2016 and overtaking the previous record level of Euro 20.51 billion in 2015. 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